India Cold Chain Logistics Market, By Service Type, By Application, By Temperature Type, By Region, Competition Forecast & Opportunities, 2019-2029

The India Cold Chain Logistics Market is anticipated to register a high CAGR during the forecast period. The expansion of industries such as organized retail, processed food, medicines, and a rising inclination toward horticulture, among others, has increased the need for cold chains.

Supply-chain management and temperature-controlled ground transportation are both included in the cold chain. "Cold chain logistics" refers to the freezing procedures necessary to preserve the quality and shelf life of goods. For instance, fresh produce, seafood, frozen dinners, photographic film, chemicals, and pharmaceutical medications. Cold chains are crucial for increasing the shelf life of products, preventing overcapacity, minimising transportation bottlenecks during busy times, and guaranteeing product quality. Both cold-insulated transport vehicles and temperature-controlled storage facilities are used in the process to distribute products. Products such as fruits, vegetables, meat, cattle, medications, and other items are frequently delivered and preserved using cold chain logistics techniques. Refrigerated trucks, railcars, air freight, and chilled cargo are common modes of transportation. By paying farmers fair rates for their produce, the cold chain sector is essential in reducing the wastage of perishable goods and commodities. Cold chain logistics improve the effectiveness of pharmaceuticals along the supply chain in the pharmaceutical business.

Development in Established Food Retail

The cold chain industry in India is anticipated to be one of the most driven by organized retail. Expect consumers to have access to a wide range of fresh produce, dairy products, meat and poultry products, and other temperature-sensitive goods that require cold chain storage and delivery as organized food retail expand. The majority of organized retail organisations are aware that establishing a reliable cold chain infrastructure is essential to effectively manage their supply chains.

E-commerce Expansion and More Consumer Options

The rapid growth of India's e-commerce industry has attracted several international investors to open offices there. Consumers now have access to goods and services that were previously beyond their price range, such as chic cosmetics and exotic foods. As more people move to cities, opinions about frozen and chilled foods have significantly changed. Shops are selling more frozen meals online.

E-commerce is changing how people buy online and the rise in sales of chilled and frozen goods creates a demand for cold chain infrastructures, such as efficient supply chains and refrigerated transportation. Instead of seeing e-commerce as a way to save money on expensive items like electronics, online customers have expanded their online shopping preferences to include less expensive basics such as food, clothing, and cosmetics. Both new possibilities and challenges have arisen for leasing cold storage in Asia as a result of the considerable increase in fresh food sales. The responsibility of storage and delivery is shifting to third parties as supermarkets come under pressure from a rise in online sales. The demand for frozen food is continuously increasing due to factors such as the pandemic, lockdown, and changes in internet shopping habits. E-commerce companies employ cold chain logistics services to respond to this demand as rapidly as possible.

Rising Needs from the Healthcare Sector

Many medical items, including vaccines, biopharmaceuticals, and clinical trial materials, are heat sensitive and need to be kept at temperatures between 2 and 8 degrees celsius anticipate a high need for effective cold chain facilities in the upcoming years due to the double-digit growth rates that are predicted for India's vaccine, biopharmaceutical, and clinical trials markets.

Market Segmentation

The India Cold Chain Logistics Market is divided into service type, application, temperature type, and region. Based on service type, the market is further bifurcated into refrigerated warehouses and refrigerated transportation. Based on application, the market is segmented into seafood, meat, fruit & vegetable, dairy products, alternative protein, and others. Based on temperature type, the market is divided into frozen and chilled.

Market Players

Major market players in the India Cold Chain Logistics Market are: Gati Kausar India Pvt. Ltd., Snowman Logistics Pvt. Ltd., ColdEX Limited, Stellar Value Chain Solutions Pvt. Ltd., Future Supply Chain Solutions, Schedulers Logistics India Pvt. Ltd, Gubba Cold Storage Pvt Ltd, Kailash Agro Cold Storage, Deccan cold storage I Pvt Ltd, and Dev Bhumi Cold Chain Pvt Ltd.

Report Scope:

In this report, the India Cold Chain Logistics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

India Cold Chain Logistics Market, By Service Type:

• Refrigerated Warehouse
• Refrigerated Transportation

India Cold Chain Logistics Market, By Application:

• Seafood
• Meat
• Fruit & Vegetable
• Dairy Products
• Alternative Protein
• Others

India Cold Chain Logistics Market, By Temperature Type:

• Frozen
• Chilled

India Cold Chain Logistics Market, By Region:

• North India
• South India
• West India
• East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Cold Chain Logistics Market.

Available Customizations

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).